LanzaTech Global (LNZA) to Release Quarterly Earnings on Wednesday

LanzaTech Global (NASDAQ:LNZA) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $23.55 million for the quarter.

LanzaTech Global Stock Performance

Shares of LNZA opened at $1.01 on Wednesday. LanzaTech Global has a 1 year low of $0.66 and a 1 year high of $3.72. The company has a market cap of $199.74 million, a price-to-earnings ratio of -1.55 and a beta of 1.29. The company has a debt-to-equity ratio of 6.64, a quick ratio of 2.91 and a current ratio of 2.91. The firm has a fifty day moving average of $1.23 and a 200-day moving average of $1.42.

Wall Street Analysts Forecast Growth

Separately, TD Cowen cut their price objective on LanzaTech Global from $3.00 to $2.00 and set a “hold” rating on the stock in a report on Monday, November 11th.

About LanzaTech Global

LanzaTech Global, Inc operates as a nature-based carbon refining company in the United States and internationally. The company transforms waste carbon into the chemical building blocks for consumer goods, such as sustainable fuels, fabrics, and packaging. It is also developing biocatalysts and processes to produce a suite of additional products utilizing novel biocatalysts, including acetone and isopropanol (IPA) and industrial solvents used in various applications, including production of polymers from IPA.